NEON advises Schwarzwälder Bote on € 2.1 million financing round of eduBITES

23 February 2023 | NEON has advised Redstone – Family Office Schwarzwälder Bote on the € 2.1 million seed financing round of Berlin-based EdTech startup eduBITES. The investment by Schwarzwälder Bote was made together with IBB Ventures, one of Berlin’s leading early-stage investors.

EduBITES focuses primarily on corporate learning with its innovative artificial intelligence-based approach to knowledge discovery and transformation, leveraging existing corporate information to generate automated, easy-to-understand and multilingual learning experiences. Companies can solve pressing knowledge management problems such as off-boarding and onboarding, knowledge transfer from experienced employees to new talent, and retraining and up-skilling employees.

In addition, eduBITES provides companies with their own customized digital corporate academies that incorporate and leverage the latest developments in content, technology, and didactics to create the best learning experiences and boost employee performance.

Background:

NEON regularly accompanies the investments of the family office Schwarzwälder Bote with Redstone